Symantec and Accenture Create Joint risk Management Organisation

10 Oct 05:26

Symantec Corp. and Accenture have established Accenture and Symantec Security Transformation Services, an organisation that will build and implement data security solutions for companies grappling with the increasing complexity of managing risk in their IT environment.

Security Transformation Services is a global organisation comprised of consultants from Symantec and Accenture dedicated to mitigating security risks in three key areas: compliance, security monitoring and management, and application security.

Each company will bring its core capabilities to the new organisation. Accenture has broad experience designing and implementing business processes and security solutions for companies around the world. Symantec brings a comprehensive understanding of security technologies, seasoned security advisory services, and a global intelligence network.

The new company will provide compliance transformation services intended to help clients fulfil internal compliance policies and compliance requirements stemming from regulations such as Sarbanes-Oxley (SOX) and the Health Insurance Portability and Accountability Act (HIPAA). Today many companies collect the data needed to fulfil those requirements manually a costly, labour-intensive process. The compliance transformation offering will combine the two companies understanding of business processes to create an automated system that is sustainable and scalable.

The company will also help developers build secure applications. Market pressures, increasing complexity, and a lack of generally accepted practices are resulting in applications going to market with inadequate security. Accenture and Symantec Application Security Services plans to provide a complete suite of services that drive the ability to reuse secure code, provide scalability, and enable the development of secure and complete business applications. It is intended to provide a complete software development lifecycle service to help organisations meet regulatory requirements for protecting data and corporate reputation as well as to reduce potential business disruptions caused by exploitation of applications. As the industry witnesses a rise in software-related vulnerabilities, securing business applications has become a priority component in a companys IT risk management program. In fact, a June 2006 survey conducted by Symantec found that 93 per cent of software developers named security as a higher priority than it was just three years ago.

Related links: (Open in a new window.)
www.accenture.com
www.symantec.com

Taken from Information Security Bulletin.